RateCity
Aussies waste $670m using the wrong ATMs
Consumers who use ATMs not owned by their own bank paid more than $670 million in mostly unnecessary fees last year, research shows.
Men spend more when women aren’t around
Men are more likely to spend on impulse, rack up debt and less likely to save when surrounded by more men and fewer women, a new study has found.
Are you finding your money isn't going as far at the moment? Take control of your cash with these eight tips from finance guru Ross Greenwood to help you save thousands of dollars in one year.
Australians are being lured with free cash and other financial incentives to switch accounts as the battle of the banks continues to heat up.
Five tips to slash $1000 off food bills
Australian families waste $1000 a year throwing good food in the bin, new research shows.
When should you combine finances with a partner?
Taking the plunge and combining your finances with a partner can be an exciting stage in life. However, sharing finances can also create some challenges if you don’t do your homework first and put some sensible plans and structures in place.
ATM fees hit indigenous communities hardest
A financial counselling organisation is calling for ATM fees to be scrapped in remote Indigenous communities after it was reported that some Aboriginal people were spending up to 20 percent of their incomes on ATM fees.
Australians wasted around $56 million accessing their own money at the ATM in December, simply by using automatic-teller machines serviced by a bank that is not their own, according to RateCity calculations.
Misplacing the odd $10-note here or there may not be unusual for most of us, but what about forgetting hundreds of thousands of dollars?
Tying the financial knot with a joint transaction account
Australians in serious relationships often choose to combine their finances, opting for joint transaction accounts, savings accounts and credit cards. But what do you do if your relationship sours, putting your finances at risk?
Students set to save hundreds on everyday banking
For many students living on a miniscule budget, savings of any size are welcome. That's why it may come as a surprise to discover that students and young Australians are the most frivolous group when it comes to accruing fees on their transaction accounts, according to Reserve Bank of Australia (RBA) figures.
Aussies flick credit for debit cards and save
More Australians are shopping smarter and using their transaction accounts for purchases rather than credit cards compared with this time last year, new figures have revealed.
Transaction fees exceed $413.5 million this year
More Australians are shopping smarter and using their transaction accounts for purchases rather than credit cards compared with this time last year, new figures have revealed.
Avoid bank fees at the BPay checkout
Despite a stereotype that insists that generation Y is online savvy, new research points to the contrary when it comes to the under-thirties group's bill-paying habits on their transaction accounts.
Australians spend more than $51 million per month on ATM fees
Australians are still paying unnecessary ATM fees but there are ways to avoid the sting. RateCity investigates. In today\'s fast-paced world, one of the most convenient ways to access your money from your everyday transaction accounts is through an automatic teller machine (ATM). However is this convenience worth the fees?
The right transaction account for you will depend on how you do your banking, whether you have multiple accounts and loans with the one provider and how many transactions you make per month. Let’s say you have your transaction account, mortgage, a term deposit and a credit card all with the same bank. It may be worth your while to be with an institution that uses rebates.
Switching bank accounts - a step-by-step guide
With the current state of the financial market, interest rates on deposit accounts declining by the day, and monthly account keeping fees eating into our hard earned savings, there’s no better time than now to switch accounts.
veryday transaction accounts have been around long enough to become one of the most common accounts to be offered by banks and credit unions. However, the recent intense competition witnessed among online savings account providers offering eye-catching interest rates has grabbed the spotlight and overshadowed many of these long standing everyday transaction accounts.
Search, compare and apply from hundreds of transaction account providers to find the lowest fees on transaction accounts in Australia. You can compare each transaction account provider by their account keeping fees, as well as the range of features and access facilities they offer, to find the one that suits your everyday transaction needs.
